Presentation of the model competition law, the first
Customs Union Law, is appointed for July. This document contains provisions
that could seem severe in relation to business of the CU countries. However, Nurlan Aldabergenov, Minister of the Eurasian
Economic Commission on Competition and Antitrust Regulation, is sure about the
necessity of adoption of those provisions. In addition to the specifics of the
new law, the Minister told Къ about the
competitive situation in the CU countries, Commission actions with regard to
barriers in mutual trade, and creation of a supranational antitrust authority.

Three and a half years have passed since the moment
the Customs Union was created. The joint efforts of Kazakhstan, Russia, and
Belarus resulted in the formation of common customs territory, cancellation of
customs control at inner boundaries, and unification of trade control
mechanisms.

“The mechanism for the assessment of regulatory impact
of statutory instruments of the Customs Union can become effective this autumn”
– stated Timur Suleimenov, Minister for Economy and Financial Policy of the
Eurasian Economic Commission (EEC), on Friday in Saint-Petersburg.

The Eurasian Economic Commission suggests unifying the
list of offshore zones acknowledged by the countries being the member states of
the Common Economic Space (CES) in order to minimize tax avoidance within the
bounds of the Customs Union.

“Trademark Agreement within the framework of the
Common Economic Space can be signed as early as this year” – said Timur
Suleimenov, Minister on Economy and Financial Policy of the Eurasian Economic
Commission (EEC), to Interfax-Zapad News Agency.

In 2015, national governments of the member states of
the Common Economic Space (Russia, Kazakhstan, and Belarus), on which basis the
Eurasian Economic Union should be created will consider a possibility of
creation of a mega regulator for the common financial market.